220 Main St APT 8ANew HartfordCT06057
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Total monthly income runs $1,148/mo, and a $734/mo payment. Purchase price stands at $149,900, and rental yield measures 9.19% with $1,148/mo rent. Return on cash invested shows 17.69% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 93.77% and total cumulative return in cash records $46,595. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,148/mo property income covering a $734/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$221 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06057, New Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,904 (100%) |
| Owner Occupied HU | 2,295 (79.0%) |
| Renter Occupied HU | 327 (11.3%) |
| Vacant Housing Units | 282 ( 9.7%) |
| Median Home Value | $405,658 |
| Average Home Value | $434,193 |
Housing Distribution
Address Breakdown
Residential
2,534
Single Family
2,387
Multi-Family
147
Businesses
171
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Listed by: Josephine Ligato • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24084092
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